US: Wall Street opens lower on virus woes

[NEW YORK] Wall Street opened lower on Tuesday following a mixed bag of quarterly earnings from US lenders and simmering tensions between Washington and Beijing, while new coronavirus restrictions in California hit tech stocks for a second straight day.

The Dow Jones Industrial Average fell 41.63 points, or 0.16 per cent, at the open to 26,044.17.

The S&P 500 opened lower by 14.11 points, or 0.45 per cent, at 3,141.11, while the Nasdaq Composite dropped 80.59 points, or 0.78 per cent, to 10,310.25 at the opening bell.

REUTERS

GET BT IN YOUR INBOX DAILY

Start and end each day with the latest news stories and analyses delivered straight to your inbox.

Sign UpVIEW ALL